ICSE Class 10  Interest on Recurring Deposit Account Videos
Banking
Banking, Interest on Recurring Deposit Account
 Ms sarita deposit RS 500 every month in a recurring deposit account for 2 years at 9% S.l per annum find. the interest she will earm in 2 years,the maturity value of deposit
 Mr. Kumar has a recurring deposit account is Rs.1,20,400. If each monthly instalment for this account is Rs.1.600 and the rate of interest is 10% per year, find [3] the time for which the account was held.
 upriya has a recurring deposit account in a bank. She deposits Rs 600 per month for 6 years. If at the end of maturity period she gets Rs 53,712, find the rate of interest.
 Preeti has a recurring deposit account of Rs 1000 per month at 10%per annum. If she gets Rs 5550 as interest at the time of maturity, fund the total time for which the account was held. Formula is this:SI =Px1/2n(n+1)x 1/12xR /100

q 10
 Deposit amount Rs.1000/month Rate of interest 10% p.a Interest received at maturity Rs.5550 How to calculate period of investment
 Mr. Sony had a R.D.account and deposits Rs.750 Per month for 2 years. If he gets Rs.19125 at the time of maturity. Find the rate of interest.
 Sharma deposits a certain sum of money each month in a recurring deposit account of a bank if the rate of interest is 9% per annum and Sharma gets 5565 after 1 year and 3 months on the maturity find the value of his monthly installment
 Mr thomas has a 4 years cumulative time deposits accounts in corporation Bank and deposits rs 650 per month if he receives rs 36296 at the time of maturity finf 1. The total interest earned by mr thomas. 2. The rate of interest per annum.
 If a man got 6 persent rate of interst from a bank he gives in the bank 1000rs per month so in the end of the year he will got how much amount